Micron Technology Inc (MU) — Financial Flexibility Index
Micron Technology Inc (MU) has a Financial Flexibility Index of 0.60x as of February 2026. Free cash flow of $17.29 Billion (operating CF $11.90 Billion minus capex $5.39 Billion) represents 1% of total liabilities ($29.05 Billion). Check total reinvestment intensity of Micron Technology Inc to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Micron Technology Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Micron Technology Inc across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Micron Technology Inc generate cash.
Annual Financial Flexibility Index for Micron Technology Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Micron Technology Inc. Explore how well can Micron Technology Inc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.17x | $33.38 Billion | $17.52 Billion | $28.63 Billion | ▲ +67.6% |
| 2024 | 0.70x | $16.89 Billion | $8.51 Billion | $24.29 Billion | ▲ +51.7% |
| 2023 | 0.46x | $9.23 Billion | $1.56 Billion | $20.13 Billion | ▼ -72.4% |
| 2022 | 1.66x | $27.25 Billion | $15.18 Billion | $16.38 Billion | ▲ +10.3% |
| 2021 | 1.51x | $22.50 Billion | $12.47 Billion | $14.92 Billion | ▲ +34.0% |
| 2020 | 1.13x | $16.53 Billion | $8.31 Billion | $14.68 Billion | ▼ -40.8% |
| 2019 | 1.90x | $23.04 Billion | $13.19 Billion | $12.12 Billion | ▼ -26.7% |
| 2018 | 2.59x | $26.48 Billion | $17.40 Billion | $10.21 Billion | ▲ +206.9% |
| 2017 | 0.84x | $13.41 Billion | $8.15 Billion | $15.87 Billion | ▲ +36.7% |
| 2016 | 0.62x | $9.03 Billion | $3.17 Billion | $14.61 Billion | ▼ -27.0% |
| 2015 | 0.85x | $9.23 Billion | $5.21 Billion | $10.90 Billion | ▲ +9.9% |
| 2014 | 0.77x | $8.36 Billion | $5.70 Billion | $10.85 Billion | ▲ +129.6% |
| 2013 | 0.34x | $3.06 Billion | $1.81 Billion | $9.11 Billion | ▼ -48.0% |
| 2012 | 0.65x | $3.81 Billion | $2.11 Billion | $5.91 Billion | ▼ -37.2% |
| 2011 | 1.03x | $5.03 Billion | $2.48 Billion | $4.90 Billion | ▲ +35.0% |
| 2010 | 0.76x | $3.71 Billion | $3.10 Billion | $4.88 Billion | ▲ +103.1% |
| 2009 | 0.37x | $1.69 Billion | $1.21 Billion | $4.52 Billion | ▼ -53.6% |
| 2008 | 0.81x | $3.55 Billion | $1.02 Billion | $4.39 Billion | ▼ -20.6% |
| 2007 | 1.02x | $4.54 Billion | $937.00 Million | $4.46 Billion | ▼ -23.6% |
| 2006 | 1.33x | $3.38 Billion | $2.02 Billion | $2.54 Billion | ▲ +25.0% |
| 2005 | 1.07x | $2.30 Billion | $1.24 Billion | $2.16 Billion | ▲ +2.2% |
| 2004 | 1.04x | $2.24 Billion | $1.16 Billion | $2.15 Billion | ▲ +106.5% |
| 2003 | 0.51x | $1.11 Billion | $284.20 Million | $2.19 Billion | ▼ -60.3% |
| 2002 | 1.27x | $1.59 Billion | $578.10 Million | $1.25 Billion | ▼ -31.3% |
| 2001 | 1.85x | $2.28 Billion | $789.10 Million | $1.23 Billion | ▲ +58.4% |
| 2000 | 1.17x | $3.26 Billion | $2.07 Billion | $2.78 Billion | ▲ +100.7% |
| 1999 | 0.58x | $1.65 Billion | $847.90 Million | $2.83 Billion | ▲ +20.4% |
| 1998 | 0.48x | $896.30 Million | $189.20 Million | $1.85 Billion | ▼ -20.8% |
| 1997 | 0.61x | $1.12 Billion | $603.60 Million | $1.83 Billion | ▼ -70.6% |
| 1996 | 2.08x | $2.49 Billion | $1.06 Billion | $1.20 Billion | ▲ +3.3% |
| 1995 | 2.01x | $1.77 Billion | $1.04 Billion | $878.70 Million | ▲ +19.6% |
| 1994 | 1.68x | $808.50 Million | $557.50 Million | $480.40 Million | ▲ +61.1% |
| 1993 | 1.04x | $340.70 Million | $257.30 Million | $326.20 Million | ▲ +39.9% |
| 1992 | 0.75x | $159.20 Million | $108.30 Million | $213.30 Million | ▲ +13.8% |
| 1991 | 0.66x | $138.40 Million | $86.40 Million | $211.10 Million | ▼ -18.3% |
| 1990 | 0.80x | $171.00 Million | $91.20 Million | $213.10 Million | ▼ -63.4% |
| 1989 | 2.19x | $325.00 Million | $125.90 Million | $148.30 Million | — |